Last year Japan completed two plants for the production of high-test aviation fuel. so the ban on the shipment of that product from the United States is not a military fac-for any longer. Onè of these plants, owned by the Mitsuibishi Oil Compony, was put in operation on May 21, 1940, and the other was completed im August by the Japen Petroleum Company.
In addition, Japan has several modern refining plants. At the close of last year, it is estimated that these had a crude oil capacity of 60.000 barrels daily and a cracking capacity of 17,00 daily. This accounts for the fact that a large part of petroleum sales to Japan consists of crude oil
Text read from the printed page and cleaned; old type leaves the occasional error.